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FOX News
Dec 28, 2012 6:00am PST
. back to our top story. all eyes on washington where president obama will meet with congressional leaders to make one more attempt to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. w
CNN
Dec 28, 2012 2:00am PST
four days left and no deal in sight. that could change today, when president obama holds a meeting with all four congressional leader at the white house. we're not saying you should bet on it. let's bring in ron brownstein for "the national journal." >> good morning. >> good morning. we're talking about this whole idea of a fiscal cliff was absolutely not supposed to happen. >> this was a machine that the two sides built to give guy them more will power to do what they didn't want to do to begin with. which is compromise. they could not reach a deal to destabilize the federal government's long-term finances so they built this to put more pressure on themselves to reach a deal now. and even this does not seem to be enough to do it, to force them to make the difficult concessions that are required for the two sides to come together this is indignant of a broader problem we face of a red coalition and blue coalition that reflect very different visions of american and show less and less cooperation. we are looking at a dividing government for the next two years and more likely next fou
CSPAN
Dec 31, 2012 2:00am EST
the middle class could be protected, we can get a deal here. president obama says $250,000 is the line, maybe i think $350,000 is the line, maybe someone else $500,000, maybe somebody else $150,000. we can meet somewhere and cut that reason somewhere in the middle. and save this country from t uncertainty, the uncertainty that plagues us right now. in the olden days -- and i say olden, a long time ago -- i was a stock stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors can take is uncertainty. if they know taxes are going up, they'll refigure things. if they know taxes are going down, they'll refigure things. if they know taxes are staying things, they'll figure it out. but right now they're frozen. because they don't know. and families are also in many ways frozen. they don't know whether they have to budt so that they'll have $200 -- $2,000 less next year. they don't know whether it will be $4,000. they don't know if it's ever going to change. and the uncertainty is -- is the fault of leaders who cannot get together. so i think it is c
Search Results 0 to 2 of about 3